Came across this on ChainCatcher / SEC 8-K: Nasdaq-listed TruGolf ($TRUG) completed its acquisition of Polymath Research on 10/8. Polymesh, a Layer 1 built specifically for regulated assets, is now part of a publicly listed company, with Polymath becoming a wholly owned subsidiary.
By the end of 2025, Polymath had onboarded more than approximately $132 million in tokenized assets for 65+ active issuers. Identity and compliance are built into the protocol layer, and the nodes are run by licensed financial institutions. The two companies are also working on tokenizing equipment leases and fractionalizing franchise rights, with a target of around Q1 2027. In the same period, the exercise of preferred stock warrants brought in net proceeds of approximately $2.95 million.
A golf simulator company has brought a compliant securities blockchain into a Nasdaq-listed company—adding another public-market gateway for RWA infrastructure.
#RWA #代币化 #Polymesh $TRUG
By the end of 2025, Polymath had onboarded more than approximately $132 million in tokenized assets for 65+ active issuers. Identity and compliance are built into the protocol layer, and the nodes are run by licensed financial institutions. The two companies are also working on tokenizing equipment leases and fractionalizing franchise rights, with a target of around Q1 2027. In the same period, the exercise of preferred stock warrants brought in net proceeds of approximately $2.95 million.
A golf simulator company has brought a compliant securities blockchain into a Nasdaq-listed company—adding another public-market gateway for RWA infrastructure.
#RWA #代币化 #Polymesh $TRUG